The crackdown on illegal Bitcoin mining in Thailand highlights the urgent need for enhanced regulatory measures to protect energy resources and infrastructure.
Abu Dhabi’s Mubadala Investment Company raised its stake in Blackrock’s Ishares bitcoin ETF by 16% in Q1 2026, disclosing ownership of 14.7 million shares valued at $565.6 million. Quarter by Quarter Mubadala’s bitcoin ETF exposure has grown in every reporting period since it first appeared in disclosures.
May 17, 2026, 3:30 amMacro pressure has been building as DXY strength tests gold and Bitcoin flows.
May 17, 2026, 2:00 am
Bitcoin continues to face strong resistance as bulls struggle to reclaim higher price levels and restore upward momentum. With the market failing to break key resistance zones, attention is now shifting toward major Fibonacci support areas, where buyers could attempt to stabilize the current decline and prevent a deeper correction.
Italy’s biggest bank, Intesa Sanpaolo, has sharply increased exposure to Bitcoin-linked investment products, with its total crypto-related holdings exceeding $200 million as of the first quarter of 2026. New filings show the bank also made major bets on a few U.S.
Crypto markets tumbled together after Bitcoin slipped below $80,000.
The Bitcoin price has surged towards the $80,000 mark over the past few weeks, signaling an ongoing resurgence from the bear-market lows observed in the first quarter of 2026. However, the premier cryptocurrency appears to have run out of the bullish impetus to sustain its current recovery, as it hovers around a psychological price level.
While reports tied to onchain-tracked wallets have widely circulated claims that Bhutan has been reducing its bitcoin holdings over the past year, Druk Holding and Investments (DHI) told the media the firm does not “recall” the last time the entity sold BTC.
Bitcoin is once again approaching a decisive technical zone as traders monitor whether the market can stabilize above key support and regain bullish momentum toward $80,000.
Crypto analyst Gargoyle has advised market participants not to buy Bitcoin until it sees high volume, which could mark the bottom. This comes amid BTC’s recent drop below the psychological $80,000 level, with the leading crypto at risk of another decline.
Bhutan's Bitcoin sell-off controversy highlights the complexities of sovereign crypto holdings, impacting market perceptions and investor confidence.
Abu Dhabi-based Mubadala added over $90 million to its already sizeable position in BlackRock’s iShares Bitcoin Trust ETF.
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$23.52B Total Volume (1.50%)
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